Crypto Bull Mike Novogratz Dramatically Increases Bitcoin Price Forecast for End of 2021

Mike Novogratz, CEO of crypto management firm Galaxy Digital, is dramatically pushing up his bullish price prediction for Bitcoin.

Galaxy Digital co-president explains two things deterring institutional crypto buying

With a number of mainstream entities buying into Bitcoin, what's holding some back? In recent months, companies such as MicroStrategy and Tesla have picked up sizable positions in Bitcoin.

Ethereum ETF, Preconditions For Digital Dollar, Mt. Gox Voting + More News

Source: iStock/Ivan-balvan Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news CI Global Asset Management said it has filed and obtained a receipt for a preliminary prospectus for CI Galaxy Ethereum ETF (exchange-traded fund) to be traded on the Toronto Stock Exchange.

Galaxy Digital Leads $4.3 Million SAFT Into Blockchain Platform Centrifuge

Blockchain protocol Centrifuge wants to bring both traditional and decentralized finance together.

SEC Will Approve Bitcoin ETF Under Gary Gensler, According to Galaxy Digital’s Mike Novogratz – Here’s Why

Galaxy Digital CEO Mike Novogratz says the US Securities and Exchange Commission (SEC) will green light a Bitcoin exchange-traded fund (ETF) under the leadership of Gary Gensler.

Bitcoin Is Heading to $500,000 According to Galaxy Digital’s Mike Novogratz – Here’s When

Mike Novogratz, CEO of crypto management firm Galaxy Digital, is revealing when he thinks Bitcoin will hit his target of $500,000.

Coincidence? Company stocks rise after they buy Bitcoin as a reserve

The market caps of most companies that bought Bitcoin have increased recently, but is that solely thanks to BTC? It seems to be the season of giving, and Bitcoin is doing just that, at least for its institutional backers, such as MicroStrategy, Galaxy Digital, Square and Marathon Patent Group, which got in somewhat early on the BTC gravy train. In this regard, PayPal revealed on Feb.

Industry Players Weigh In As CME Group’s Ethereum Futures Go Live

The CME Group’s ethereum (ETH) futures offering has gone live, meeting a 6pm Eastern Time (UTC 11am) target – and marking a historic first for the second-largest cryptoasset by market capitalization. The major derivatives exchange said that its liquidity backers for the financially settled ETH futures offering include the likes of BlockFi, Galaxy, NYDIG, Genesis and

Mike Novogratz Predicts Bitcoin Rally Will Extend Into 2022 – Here’s Why

The CEO of the crypto management firm Galaxy Digital says Bitcoin’s bull market is far from over.

LUNA doubles in price after $25 million investment by Galaxy Digital

The Terra Protocol is an up-and-coming crypto platform for DeFi and payment projects, spurred on by working products and a growing audience for DApps based on its technology. LUNA, the native coin of the Terra blockchain, shot up another 37% to $2.46 on heavy trading volumes today, continuing a parabolic climb that started in mid-November.  The coin is currently up 100% in price since news broke one week ago that Mike Novogratz’s Galaxy Digital made a $25 million investment in Terraform Labs, the Seoul-based company that manages development of Terra.

Mike Novogratz: Five Crypto Assets Could Replace JP Morgan and the New York Stock Exchange

Mike Novogratz, the CEO of crypto investment firm Galaxy Digital, is unveiling a list of crypto assets that he believes could replace JP Morgan and the New York Stock Exchange.

SEC Has Been ‘Ass Backwards’ on Bitcoin ETF, Says Crypto Firebrand Mike Novogratz

The CEO of crypto investment firm Galaxy Digital, Mike Novogratz, believes the US Securities and Exchange Commission (SEC) should reexamine its priorities and approve a Bitcoin exchange-traded fund (ETF).

Galaxy, Coinbase Bet $25M on DeFi Using Terra Stablecoins

The backing will help Terraform Labs build more apps on its Tendermint-based blockchain.

Mike Novogratz’s Galaxy Digital to Launch Ethereum Funds

The cryptocurrency investment firm Galaxy Digital is planning new funds for Ethereum’s native coin, Ether.

No One is Losing Bitcoin Keys Anymore, says Galaxy Digital CEO Mike Novogratz

Former Goldman Sachs hedge manager and seasoned investor Mike Novogratz said that nowadays, losing Bitcoin keys just does not happen anymore.

Michael Novogratz’s Galaxy Digital to Jump Into BTC Mining

The new BTC mining establishment will focus on offering expertise and financial services to crypto miners.

Galaxy enters Bitcoin mining, launches financial services unit for miners

Mike Novogratz's Galaxy Digital is launching its own Bitcoin mining operations and creating a new business unit dedicated to providing financial services to miners. Galaxy Digital — the financial services and cryptocurrency investment management firm founded by Mike Novogratz — has set its sights on establishing a footing in the Bitcoin (BTC) mining sector. After a year of increasingly diversifying its products and activities, the company has announced two new forays into the Bitcoin mining sector for 2021.

Galaxy Digital Launches Proprietary Mining, Miner Financial Services

Galaxy has launched its proprietary mining and miner financial services operations.

Crypto Guru Mike Novogratz Warns Bitcoin Tied to Fate of Equities – For Now

Despite its growing reputation as an uncorrelated hedge, Bitcoin advocate and Galaxy Digital CEO Mike Novogratz says Bitcoin remains linked with the movements of the macro economy.

Why millennials and Gen Z are 'intuitively' buying Bitcoin

Galaxy Digital founder and CEO, Mike Novogratz cautioned investors because he believed that Bitcoin prices are currently correlated to risk assets, at least in the short run.

Novogratz predicts young people will buy Bitcoin with their stimulus checks

Mike Novogratz claims that many people bought Bitcoin after the last round of federal stimulus checks, and thinks they're likely to again. Amid a long battle over whether or not United States citizens will get their $2,000 stimulus checks to help them to weather the economic repercussions of the COVID-19 pandemic, Mike Novogratz has weighed in on what the news could mean for the stock and crypto markets. The CEO of Galaxy Digital spoke to CNBC Squawk Box amid the surreal image of a Wall Street apparently unfazed by the commotion in the Capitol yesterday.

Bitcoin Bull Run on First Base in First Inning, Says Galaxy Digital’s Mike Novogratz

The CEO of the crypto management firm Galaxy Digital says Bitcoin’s current bull cycle has barely begun.

Mike Novogratz attributes BTC's rise past $30K to institutional adoption

According to the Galaxy Digital CEO, institutions have a greater opportunity to buy Bitcoin currently in circulation, driving up the price. Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run. In an interview with BBC World News today, Novogratz said governments around world printing money and “debasing fiat money” was fueling the ongoing Bitcoin (BTC) bull run, but institutional players getting into crypto may be the bigger story.

Mike Novogratz Says New Regulations Targeting Crypto Companies, Not Bitcoin or Ethereum

Galaxy Digital CEO Mike Novogratz says that while regulators don’t have Bitcoin and Ethereum in their sights, they are targeting multiple areas of the crypto industry.  In a CNBC interview, Novogratz highlights the sectors that are likely to be impacted by the efforts of outgoing US Treasury Secretary Mnuchin to regulate the space.

Novogratz hopes Biden admin reverses Trump's anti-crypto stance

Galaxy Digital CEO calls Trump’s crypto policies “anti-dollar” and “anti-innovation.” The United States is in desperate need of open-minded cryptocurrency regulations from the incoming Biden administration, according to Galaxy Digital CEO Mike Novogratz.  Appearing in a Thursday segment of CNBC’s Sqwuak Box, Novogratz said the Bitcoin (BTC) bull market has proven resilient to the recent wave of anti-crypto rhetoric coming from Capitol Hill: “It tells you about how powerful this bull market is [...] They are throwing lots at the system, and it’s not actually impacting it.” Nevertheless, for the cryptocurrency industry to truly succeed in the long run, more regulatory clarity is needed.

Galaxy Digital and Jump Trading Cut Ties With XRP: Reports

News reports say the two firms are no longer dealing with XRP, the currency associated with Ripple.

Bitcoin’s Market Cap Will Exceed Tesla’s Within Six Months, Says Galaxy Digital CEO

Galaxy Digital chief executive Mike Novogratz says Bitcoin’s market capitalization will eclipse Tesla’s by June 2021.

XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple

Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing.